It seems like a very long time since U.S. wheat, particularly hard red winter (HRW), was competitive in world markets, and there are many reasons why. However, that may be starting to change.It seems like a very long time since U.S. wheat, particularly hard red winter (HRW), was competitive in world markets. There are many reasons why, including:
Four consecutive record world wheat crops, including among the world’s major wheat-exporting countries:
Record Australian crop in 2016 Second-largest Canadian wheat crop in 2016, and only a few years removed from its biggest ever Record EU production three years ago Record U.S. winter wheat yields in 2016 Record Black sea production and likely new record Russian production this year Ar...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...